London Properties Are Pleased To Offer To The Market This Retail Premises Which Has Been Trading Successful For Many Years As A Convenient Store And News Agents It Also Has The Added Benefits Of Contracts For The Travel Oyster, Paypoint & A Cash Machine The Premises Are Prominently Located On Popular Parade On Well Street Within Walking Distance To London Fields Overground Station And The Premises Are Situated Within A Big Residential Area & Also Close By Are Lidi Superstore Internal Viewings Are Highly Recommended Through London Properties By Appointment Only for Sale
Leasehold : £ 20,000
Turnover : £ 4,000 p.w.
The premises are prominently located on popular parade on Well Street within walking distance to London Fields Over ground Station and the premises are situated within a big residential area & also close by is Lidi superstore.
DESCRIPTION: This is a retail premises which has been trading successful for many years as a Convenient store and News agents. It also has the added benefits of contracts for the Travel Oyster, Paypoint & a Cash Machine.
PREMIUM: £20,000 for the benefit of the lease, fixtures & fittings.
RENTAL: £9,000 per annum
TERMS: 19 years remaining from a 20 years lease
BUSINESS RATES: £Nil (small business rates applicable)
SIZE : Approximately 380 sq ft
OPENING HOURS: Open 7 days a week 6:30 a.m till 7:30 p.m
STAFF: Owner managed with 2 staff
TURNOVER: Current turnover in excess of £208,000 per annum
LEGAL COST: Each party to bear their own legal costs as well as the ingoing tenant to bear landlords legal costs
LOCAL AUTHORITY: Hackney
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account
VIEWINGS: Through London Properties by appointment only
||Open 7 days a week 6:30 a.m till 7:30 p.m
||Owner managed with 2 staff
||19 years remaining from a 20 years lease